China's COFCO mulls sale of Dutch grains trader Nidera in divestment move

China's COFCO mulls sale of Dutch grains trader Nidera in divestment move

People visit the COFCO exhibition center during the 14th China Beijing International High-tech Expo (CHITEC) at the China International Exhibition Center on May 18, 2011 in Beijing, China. Bloomberg.

After paying hundreds of millions of dollars for Dutch-based grains trader Nidera in a three-year takeover completed just months ago, Chinese state-owned food group COFCO is considering selling the troubled business, according to people familiar with its plans.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter